2000 (11) TMI 243

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....in the present appeal is as to whether the furnace oil used as fuel in the manufacture of electricity would be entitled to the benefit of Modvat credit even before its amendment on 16-3-1995. 2. We find that the Larger Bench of the Tribunal in the case of Ballarpur Industries v. C.C.E., 2000 (116) E.L.T. 312 (T-LB) = 2000 (36) RLT 537 (CEGAT) has held that furnace oil used for generation of elect....

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....17/86. He also draws our attention to the Tribunal's decision in the case of S.A.I.L. itself as reported in 1999 (108) E.L.T. 391 (T) vide which the dolomite has been held to be entitled to the benefit of Notification No. 217/86. He refers to provisions of Rule 57D(2) according to which the Modvat credit cannot be denied in respect of the input in case the exempted final product comes into existen....